• A study by the National Bureau of Economic Research (NBER) has found that 70% of unregulated exchange transactions are wash trades.
• In some exchanges, the wash trading volume can go as high as 80%.
Study finds 70% of unregulated exchange transactions are wash trades
• A study by the National Bureau of Economic Research (NBER) has found that 70% of unregulated exchange transactions are wash trades.
• In some exchanges, the wash trading volume can go as high as 80%.
[Via]